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The defect rate for data entry of insurance claims has historically been about 1.5%.
a) What are the upper and lower control chart limits if you wish to use a sample size of 100 and 3-sigma limits?
b) What if the sample size used were 50, with 3σ?
c) What if the sample size used were 100, with 2σ?
d) What if the sample size used were 50, with 2σ?
e) What happens to p when the sample size is larger?
f) Explain why the lower control limit cannot be less than 0.
What are some of the factors that influence an organization’s hiring decisions? What are the critical issues that management must consider when dismissing an employee? Do these issues change based on whether the departure is friendly or hostile? How ..
Using the same scenario from Assignment, present the following findings to your Chief Executive Officer. Create a presentation in a common format (PowerPoint or a similar program) with a minimum of twenty (20) slides and corresponding speaker notes..
On attending its first meeting in 20X9 you have been appointed honorary treasurer of the Ashmont Pre-School Kindergarten. Prepare a cash budget for the kindergarten to determine the total fees revenue required in 20X9. Calculate the annual fees requi..
Thermostats are subjected to rigorous testing before they are shipped to air conditioning technicians around the world. Results from the last five samples are shown in the table. Is the process under control?
Identify the best example of a shopping product for most consumers:
Examine and compare one of the following product sets. Base your comparison on such factors as features, costs, convenience, ease of use, and value.
A company uses proprietary computer software to offer services that other companies have not been able to match. A company has a product with unique features not matched by the competition and customers are clamoring to buy the product due to its uni..
please share your thoughts on how the discretionary benefits (the cost for which is significant) can best be used strategically to attract, retain and motivate employees.
To achieve a 12 percent multifactor productivity improvement by reducing materials costs only, one needs to reduce the materials cost by____nothing percent.
what value-added components must blockbuster incorporate into its current movie rental business to survive in the environment today?
Subcontracting can handle a maximum of 10 units per month. Beginning inventory is zero. Develop a plan that minimizes total cost. No back orders are allowed. Regular capacity Regular production.
When deciding to take their business global, organization's have seven ways to do so. Please describe in detail three of these approaches, their advantages and disadvantages. Finally, in general, how do all of these approaches differ?
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